Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,005,472 元
Income Tax
- 428,567 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 435,357 元
Net pay
* 570,115 元
Marginal tax rate
45.0%
Average tax rate
43.3%
56.7%
Net pay
43.3%
Total tax
Total tax
Net pay
The Taxberg
570,115 元
Net pay
11,545 元
Tax the employer pays
435,357 元
Tax you pay
Total tax paid
446,901 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 1,005,472 元. In other words, every time you spend 10 元 of your hard-earned money, 4.44 元 goes to the government.
Real tax rate
43.9%
So, with you and the employer both paying tax, what used to be a 43.3% tax rate now rises to 43.9%, meaning your real tax rate is actually 0.6% higher than what it seemed at first.
Summary
If you make 12,065,664 元 a year living in the region of Beijing, China, you will be taxed 5,224,278 元. That means that your net pay will be 6,841,386 元 per year, or 570,115 元 per month. Your average tax rate is 43.3% and your marginal tax rate is 45.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 元 in your salary will be taxed 45 元, hence, your net pay will only increase by 55 元.
Bonus Example
A 1,000 元 bonus will generate an extra 550 元 of net incomes. A 5,000 元 bonus will generate an extra 2,750 元 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 6848890
43.2%
1
Beijing
CNY 6841386
43.3%
2
Guangzhou
CNY 6840608
43.3%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 6684466
44.6%
1
Canada
CNY 5775923
52.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 10684698
11.5%
1
Brazil
CNY 8751661
27.5%
2
Costa Rica
CNY 8180934
32.2%
3
Panama
CNY 8101877
32.9%
4
Mexico
CNY 7877521
34.7%
5
Argentina
CNY 7842631
35.0%
6
Puerto Rico
CNY 7841539
35.0%
7
Colombia
CNY 7530112
37.6%
8
Uruguay
CNY 7525363
37.6%
9
Peru
CNY 7447151
38.3%
10
Chile
CNY 7415625
38.5%
11
Ecuador
CNY 6981587
42.1%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 8779021
27.2%
1
Kenya
CNY 8449622
30.0%
2
Ivory Coast
CNY 8224101
31.8%
3
Nigeria
CNY 8207962
32.0%
4
Ghana
CNY 7988637
33.8%
5
Mozambique
CNY 7858646
34.9%
6
Zambia
CNY 7422491
38.5%
7
Cameroon
CNY 7355076
39.0%
8
Morocco
CNY 7327960
39.3%
9
Senegal
CNY 7247656
39.9%
10
South Africa
CNY 6707940
44.4%
11
Uganda
CNY 6661906
44.8%
12
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NOTE* Withholding is calculated based on the Beijing tables of China, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.